Asked by Maricarmen Fierros on Jun 16, 2024
Verified
In a bailment for the mutual benefit of the bailee and the bailor, the bailee need not exercise reasonable care in storing items or holding property.
Mutual Benefit
Refers to actions or policies that provide advantages or positive outcomes to all involved parties.
Reasonable Care
The standard of care that a reasonably prudent person would use in a similar situation to avoid harm to others.
- Recognize the rights and obligations of bailors and bailees in mutual benefit bailments.
Verified Answer
AN
Ammar NaheddJun 20, 2024
Final Answer :
False
Explanation :
In a bailment for the mutual benefit of both the bailee and the bailor, the bailee is required to exercise reasonable care in the storage and handling of the property to prevent damage or loss.
Learning Objectives
- Recognize the rights and obligations of bailors and bailees in mutual benefit bailments.